26 Jul Wagga Detailed Saleyard Report – Cattle
Market information provided by MLA’s National Livestock Reporting Service
Wagga report date 26/07/2021 comparison date 19/07/2021
Numbers were marginally higher. Feedlots dominated yearling categories buying the bulk of 330 to 500kg weight ranges. Trade cattle were in very short supply and buyers stepped up to purchase the better finished types. Heavy steers and bullocks were in short supply with the yarding lacking the weight of previous markets. Restockers were operating with northern and local buyers keen to purchase the limited supply of lighter weight stock.
Price outcomes in the trade market were much stronger due to the seasonal shortage. Trade steers made from 514c to 554c and the heifer portion sold to notably stronger competition resulting in a 30c price lift to average 490c/kg. Light weight 200 to 280kg secondary steers sold to a top price of 600c/kg to average $1,500/head. Secondary heifers weighing 200 to 280kg sold to weaker competition from backgrounders and restockers which contributed to a price dip of 10c/kg. The quality in the steer run declined which caused a price fluctuation throughout the sale. Prices for 400 to 500kg feeder steers recorded a top price of 548c to average 516c/kg. Lighter weight feeder steers slipped back 11c/kg which was quality related. Feeder heifers weighing 400 to 500kg were keenly sought and prices increased 17c to average 486c/kg.
In the export market, heavy steers were unchanged making from 390c to 466c/kg. Bullock quality was very good and buyers paid a premium for the younger stock. Bullocks sold 27c dearer to average 450c/kg. Heavy steers to feed on ranged from 485c to 566c/kg. In the cow market not all processors operated, with heavy well finished cows jumping 19c to average 384c/kg. The D2 and D3 types were in short supply making from 324c to 376c/kg.